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Document Preview Employment Agreement |
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Title: |
Employment Agreement |
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Entities: |
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Date: |
2005 |
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Size: |
Preview shows 8KB of 44KB total |
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Price: |
$42 |
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ID: |
#1169304 |
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THIS AGREEMENT (Agreement), made and entered into as of the 26th day of November, 2003, by and between DAVID SUTTON (hereinafter referred to as Employee), and INFORTE CORP., a corporation organized under the laws of the State of Delaware (hereinafter referred to as the Company). In consideration of the premises and the mutual promises and agreements contained herein, the parties hereto, intending to be legally bound, hereby agree as follows:
| Section 1. Scope of Employment. |
1.1 Employment, Duties. Subject to the terms hereof, the Company hereby agrees to employ Employee to render services to the Company as President and Chief Operating Officer, and Employee hereby accepts such employment. In his capacity as President and Chief Operating Officer of the Company, Employee shall perform such duties consistent with such position as are customarily performed by the president and chief operating officer of comparable enterprises or as may be assigned by the Chief Executive Officer of the company or Board of Directors of the Company (the Board), including, but not limited to the following responsibilities:
| Profit and loss responsibility for all operations in the company, presently U.S., Europe and India (planned); |
| Providing the strategic vision, planning expertise and operational leadership required to set and accomplish company operating goals; |
| Expanding the Companys capabilities in delivering strategy, process, change management and offshore engagements, with specific focus on enhancing the Companys strengths in the areas of business intelligence, marketing automation and marketing strategy; |
| Monitoring revenue and expenditure trends, and making recommendations for cost-effective operations; |
| Developing and managing annual budgets for the organization and performing periodic cost and productivity analyses; |
| Designing, establishing, and maintaining an organization structure and staffing to effectively accomplish the organizations goals and objectives; recruits, employs, trains, supervises, and evaluates direct leadership team; |
| Actively driving and participating in business development activities, with the potential of owning relationships at the Companys most strategic accounts; and |
| Structuring programs and delegating authority to ensure effective communication and efficient operations throughout the Company. |
Employee shall report directly to the Chief Executive Officer of the Company. All delivery and functional areas of the Company will report directly through the Employee. At the request and in the discretion of the Company, Employee shall serve as an officer or director of any subsidiary or affiliate of the Company, and shall perform services for any such subsidiary or affiliate as are appropriate to and consistent with the services being performed by Employee for the Company. Services provided to the Company shall be Employees primary business activity and Employee shall devote his productive business time, energy and skill (except on vacation days andholidays) to performing his obligations hereunder and shall perform his obligations hereunder diligently, faithfully and to the best of Employees abilities. During the Term, Employee may serve on the Board of directors of any civic, charitable or professional organization, provided such service does not interfere or conflict with Employees provision of services or hisfulfillment of obligations under this Agreement and provided such organization is not competitive or potentially competitive with Inforte. During the Term, Employee may continue to serve as a member of the Board of directors of Marketing Scientists.
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